25th February 2010

The Tender Review Meeting

Our Q.S., Romano, told us that the lowest tender came was R8,351,500.00 excluding VAT, contingency and Fees
Cognizance of the tender from Nigel Slevin was included.

As this figure was higher than we had expected we discussed the potential savings we could make.
Following further discussion we finally agreed that the figure we would present to vestry would be R8,000,000.00. This would be R 7,500,000.00 building costs including VAT, Fees and contingencies and R 500,000.00 for furnishings and fixtures.